The number of fleet management systems deployed in vehicle fleets in India is expected to reach 6.8 million units by 2025 from around 3.5 million units at the end of 2020, according to a research report from analyst firm Berg Insight.
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The uptake of fleet management solutions is growing and the market is to some extent favoured by government regulations such as AIS 140.
Berg Insight ranks WheelsEye, LocoNav, Uffizio and Letstrack as the largest solution vendors in in Indian fleet telematics market, said Rickard Andersson, Principal Analyst, Berg Insight. These four companies all have total installed bases of over 0.5 million units on their respective platforms.
Tata Motors and Ashok Leyland are the leading players in the OEM segment.
Tata Motors has collaborated with UK-based Microlise and the company has launched a next-generation connected vehicle solution developed in house.
Ashok Leyland has reached more than 150,000 vehicles on its connected vehicle platform, working with Trimble which provides the hardware.
Trimble is also a leading high-end fleet management solution provider in the aftermarket segment in India.
The remaining top-10 players on the Indian market which have all reached the milestone of 100,000 units are Autoplant, Axestrack, Volty and Fleetx.
Notable providers just outside of the top list include Arya Omnitalk, TrackoBit, Millitrack and Transight. The market is also served by many others such as Matchpoint GPS, Bosch, OneQlik, MapmyIndia, BlackBuck, Protrack GPS, Intellicar, Gurtam, Rane t4u, iTriangle, Nippon, IntelliPlanner, EcoCosmo, CarIQ, Intangles, Asset Telematics and Mireo.
